What Should I Consider When Creating a Home/Garden Office?

More people are working from home due to the pandemic, and many business owners are considering creating a dedicated home or garden office. However, there are several things to be considered before doing this. Tax on construction/conversion When building a dedicated...

Super-Deductions: Budget Changes for Business

‘Bold and unprecedented’. That was the Chancellor’s description of the new 130% super-deduction for expenditure on new qualifying plant and machinery announced in the Budget. The headlines announced that for every pound invested; tax is cut by up to 25p. But what are...

How Do I Set up a Payment Plan for My Tax Liability?

Once you have submitted your tax return, you will know how much you are due to pay by 31 January.  To arrange an instalment plan (a ‘time to pay’ agreement), you will need your Government Gateway account details to log on to HMRC’s...